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ReNew Energy Global (RNW)
NASDAQ:RNW
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RNW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.78 - $7.79
Previous Close$6.45
Volume682.84K
Average Volume (3M)886.04K
Market Cap
$2.41B
Enterprise Value$3.18B
Total Cash (Recent Filing)₹62.70M
Total Debt (Recent Filing)₹748.40M
Price to Earnings (P/E)125.7
Beta0.75
Next Earnings
Nov 13, 2024EPS Estimate
$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.05
Shares Outstanding80,559,470
10 Day Avg. Volume579,411
30 Day Avg. Volume886,044
Standard Deviation0.12
R-Squared0.17
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.32
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$8.14Price Target Upside25.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
ReNew Energy Global News
PremiumCompany Announcements
ReNew Energy Growth Amidst Net Profit Dip
PremiumCompany Announcements
ReNew Energy Global Schedules 2024 AGM
PremiumCompany Announcements
ReNew Energy Global Announces Upcoming AGM
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLower finance costs helped adjusted profit before tax exceed expectations.
Future GrowthGuidance for the future includes significant growth in portfolio size and adjusted EBITDA by F27 and F29.
Operational AssetsManagement expects to reach ~19 GW net operational assets by FY30 and guided EBITDA/CFe grows at 8% CAGR FY24-30.
Bears Say
Debt LevelsNet debt levels increased, and both net debt/EBITDA and net debt/equity ratios are higher compared to the previous fiscal year.
EarningsEarnings for the first quarter missed expectations, with both revenue and EBITDA falling below estimates.
Project CommissioningCommissioning of projects has been slower than guided earlier for F24.
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Ownership Overview
0.00%
Insiders
1.82% Mutual Funds
46.34% Other Institutional Investors
51.84% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RNW FAQ
What was ReNew Energy Global’s price range in the past 12 months?
ReNew Energy Global lowest stock price was $4.78 and its highest was $7.79 in the past 12 months.
What is ReNew Energy Global’s market cap?
Currently, no data Available
When is ReNew Energy Global’s upcoming earnings report date?
ReNew Energy Global’s upcoming earnings report date is Nov 13, 2024 which is in 54 days.
How were ReNew Energy Global’s earnings last quarter?
ReNew Energy Global released its earnings results on Aug 15, 2024. The company reported $0.003 earnings per share for the quarter, missing the consensus estimate of $0.066 by -$0.063.
Is ReNew Energy Global overvalued?
According to Wall Street analysts ReNew Energy Global’s price is currently Undervalued.
Does ReNew Energy Global pay dividends?
ReNew Energy Global does not currently pay dividends.
What is ReNew Energy Global’s EPS estimate?
ReNew Energy Global’s EPS estimate is $0.14.
How many shares outstanding does ReNew Energy Global have?
ReNew Energy Global has 254,673,900 shares outstanding.
What happened to ReNew Energy Global’s price movement after its last earnings report?
ReNew Energy Global reported an EPS of $0.003 in its last earnings report, missing expectations of $0.066. Following the earnings report the stock price went down -5.912%.
Which hedge fund is a major shareholder of ReNew Energy Global?
Among the largest hedge funds holding ReNew Energy Global’s share is Graham Capital Management, L.P.. It holds ReNew Energy Global’s shares valued at 216K.
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ReNew Energy Global Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$8.14 (25.42% Upside)
$8.14 (25.42% Upside)
Blogger Sentiment
Bullish
RNW Sentiment 66%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 6.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.04%
12-Months-Change
Fundamentals
Return on Equity
1.50%
Trailing 12-Months
Asset Growth
13.10%
Trailing 12-Months
Company Description
ReNew Energy Global
RMG Acquisition Corp II is a blank check company.
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RNW Company Deck
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RNW Earnings Call
Q1 2024
0:00 / 0:00
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RNW Stock 12 Month Forecast
Average Price Target
$8.14
▲(25.42% Upside)
Technical Analysis
NextEra Energy
―
Brookfield Renewable Partners
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Nextera Energy Partners
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Atlantica Sustainable Infrastructure
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Best Analysts Covering RNW
1 Year
1 Year Success Rate
3/3 ratings generated profit
1 Year Average Return
+12.80%
reiterated a buy rating last month
Copying Girish Achhipalia's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +12.80% per trade.
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